Mass media reported this week that a range of Svyazinvest’s IRCs plans to increase (or have already increased) the tariffs for unlimited local communications usage to the highest level, confirmed by FTS. Among these companies are: Centertelecom, STC, Uralsvyzinvest and NWTelecom. As other IRCs reported the given issue under a discussion now. We think that [...]

Wednesday’s trades started with sound dynamics. It was achieved due to technical factors (the code reached the lowest level) and positive trends at foreign grounds and commodity markets as well. The morning growth formed 1.8% and exceeded 1600 points. We do not exclude that it was boosted by government’s statements, concerning the recognition of South [...]

On Tuesday, trades at Russian stock market have started with a significant fall of main liquid securities. A fall of RTS code formed 3%. Securities of banking and oil & gas sector provided the most destructive effect on the code. At noon, Sberbank’s stocks decreased by more than 6%, a fall of Gazprom’s and LUKOIL’s [...]

Last summer week indicates a fall at Russian stock market. In spite of positive indices dynamics of foreign grounds, RTS has demonstrated negative results at commodity markets. According to Friday’s trades, oil prices decrease more than by 6 USD. This factor has the most destructive influence on stocks of oil & gas sector. During the [...]

Active energy resources export policy of Russia gives a serious boost for development of transport infrastructure. Over half of country’s extracted oil is exported in far abroad and to CIS countries. The primary share of oil transportation is held by Transneft, whilst export of oil products is made through ports mostly. Share of Krasnodar Krai’s [...]

Market today. Today stock market has continued falling. MICEX and RTS codes decreased by 3.94% and 3.22% respectively. Shares of oil and gas companies were affected by falling oil prices. Tatneft’s shares looks poor and the price fall totaled 6.10%. It occurred due to weak 1Q 2008 financial report under US GAAP. Stocks of Gazprom, [...]

Oil prices became the main factor, influencing on Russian stock market on Friday. Previously, a growth of Brent oil formed +6.54%. On the base of this, the trades have started with quotes growth of oil & gas sector. However, during the afternoon, the quotes have changed direction. It occurred due to decreasing oil prices and [...]

Over January-July, Magnitogorsk Iron & Steel Works’ net income formed 1.031 bn USD under US GAAP report, above 2007 results by 19%, says company’s report, published on Wednesday. MMK’s revenue increased by 41%, to 5.653 bn USD over 1H 2008. EBITDA reached 1.5 bn USD (25% growth). January-June results demonstrates that a growth of steel [...]

Yesterday Russian stock market was rather volatile, being pushed up and down. Even though the trades began at a growth, the trend has been changed to a fall rapidly. The decrease continued on to 12.30 (local Moscow time) and RTS lost almost -2% to this hour. However, through all of day’s second half the market [...]

Russian stock market of Wednesday began restoring after latter fall. The growth, started earlier in the morning continued throughout the day. The resulting RTS made it atop 1700 points. Market’s growth was supported by ongoing decrease of tensions over Caucasus. Some support of RTS has been formed by stocks of oil & gas companies, reacting [...]

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